E mail received re: concerns with presentation...
Dear Ms. Zhou,
Q. First, from reading the latest 10-Q it would appear that the firm has just 387 acres of cactus under cultivation at this time. This seems a pitifully small production area. Has any thought been given to acquiring more acreage to ramp up production ?
**** the 387 acres is enough for production for now, unlike other plants, cactus can be harvested a few times every month.
Q. I see that all of the firm's products are sold in Taiwan and the PRC. Has there been any thought given to export ? Of course pursuing the export market would also entail a production increase, thus my question regarding the acquisition of more acreage.
**** you are right, ckgt products are sold also in Hong Kong. CKGT Longer-term strategy is to expand its market beyond China into South Korea, Singapore, Taiwan and other southeastern Asian countries.
one of the purposes that mgmt is in U.S. Is also for biz opportunities in the U.S.
Q. I missed a good portion of your presentation but I heard no estimate of when cigarette production might begin. At what point is the company with regard to the process of production ?
**** in Q4, 09
Q. Given the advent of the new products, is there an anticipation of increased revenue in the next quarter ?
**** cigarette will increase sales by approximately $220,000 in the fourth quarter, 2009
The new patented hog feed is expected to increase 2009 sales by approximately $330,000.
When you know a thing, to hold that you know it; and when you do not know a thing, to allow that you do not know it - this is knowledge.
Confucius, The Confucian Analects
